Strategies: Racial Wealth Building

Purchase the land a home is on to lease to homeowners with low and middle incomes and require homeowners to sell the home back to the trust or to another resident with low income upon moving

Provide funding for local community development activities such as affordable housing, anti-poverty programs, and infrastructure development

Provide grants to states and localities to fund activities that build, buy, or rehabilitate affordable housing for rent or homeownership, or provide direct rental assistance to households with low incomes

Provide funding via tax credits at the state and local level to support development and rehabilitation costs of low income rental housing

Coordinate access to services across delivery systems and disciplinary boundaries (e.g., housing, disability, physical health, mental health, child welfare, workforce services, etc.)

Regulate short-term loans that must be repaid by a borrower’s next pay day via bans, caps on maximum interest rates and loan amounts, or require minimum loan terms and credit cost

Require employers in an affected jurisdiction to provide paid time off for employees to use when ill or injured

Support funds that help create or maintain affordable housing, subsidize rental housing, and assist homebuyers with low incomes and non-profit housing developers

Support programs that provide small loans, usually to individuals with lower incomes, to start or expand a small business, often with business development training and other technical assistance

Provide outreach and support to assist those whose employers do not offer affordable coverage, who are self-employed, or who are unemployed